Indian textile exports in December 2024 increased by 12.76% compared to December 2023, while apparel exports saw a 12.89% rise during the same period.
The cumulative textile and apparel exports for December 2024 recorded a growth of 12.82% over December 2023.
From April to December 2024, textile exports grew by 4.87%, and apparel exports surged by 11.58%, resulting in a cumulative growth of 7.63% for Textiles and Apparel combined over the same period in 2023.
According to quick estimates, the overall exports of textiles increased by 6%, and apparel exports grew by 8.4% from January to December 2024 compared to the previous year, leading to a cumulative growth of 7% for Textiles and Apparel.
Export Performance by Category (in US$ Million):
| Particulars | Dec-23 | Dec-24 | % Change | Apr-Dec’23 | Apr-Dec’24 | % Change |
| Cotton Yarn/Fabrics/Handloom Products etc. | 937.93 | 1,050.31 | 11.98% | 8,670.08 | 8,914.73 | 2.82% |
| Man-made Yarn/Fabrics/Made-ups | 374.57 | 421.51 | 12.53% | 3,428.34 | 3,610.27 | 5.31% |
| Jute Manufacturing (including Floor Covering) | 24.97 | 37.85 | 51.58% | 258.93 | 283.93 | 9.66% |
| Carpet | 122.98 | 134.23 | 9.15% | 1,037.94 | 1,149.50 | 10.75% |
| Handicrafts excl. handmade carpets | 134.54 | 154.59 | 14.90% | 1,172.21 | 1,319.12 | 12.53% |
| Textiles Total | 1,594.99 | 1,798.49 | 12.76% | 14,567.50 | 15,277.55 | 4.87% |
| Apparel | 1,295.27 | 1,462.26 | 12.89% | 10,141.67 | 11,316.09 | 11.58% |
| Textile & Apparel Total | 2,890.26 | 3,260.75 | 12.82% | 24,709.17 | 26,593.64 | 7.63% |
| All Commodities | 38,391.03 | 38,010.71 | -0.99% | 316,649.87 | 321,708.66 | 1.60% |
| % of T&A in Total Exports | 7.53% | 8.58% | 7.80% | 8.27% |
Imports Overview:
- India’s textile imports surged significantly in December 2024, with Cotton Raw & Waste imports growing by a substantial 384.87%, reaching US$ 142.89 million. Cumulative imports of Cotton Raw & Waste from April to December 2024 increased by 84.18%.
- Other textile imports such as yarn, fabrics, and made-ups saw a 9.69% growth in December 2024, with cumulative imports rising by 3.27% over the same period.
Import Performance by Category (in US$ Million):
| Particulars | Dec-23 | Dec-24 | % Change | Apr-Dec’23 | Apr-Dec’24 | % Change |
| Cotton Raw & Waste | 29.47 | 142.89 | 384.87% | 498.81 | 918.69 | 84.18% |
| Textile Yarn/Fabric/Made-ups | 200.24 | 219.65 | 9.69% | 1,747.04 | 1,804.21 | 3.27% |
Summary: In December 2024, both textile and apparel exports from India showed strong growth, with overall textile exports increasing by 12.76% and apparel exports by 12.89% compared to December 2023. This growth was driven by key categories such as cotton yarn, man-made fabrics, and handicrafts. Additionally, imports showed a sharp rise in cotton raw materials, signaling a significant shift in demand. Despite the growing imports, India’s textile and apparel exports are steadily gaining traction in global markets, contributing to an increase in their share of total exports.
